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foundation and asian studies center. when we started it 1983, it was our first dedicated foreign policy center at the heritage foundation. back and asian security was all about what was happening here in the cold war. from that perspective, the study of the soviet union might have made more sense. to as we talked, we talked about the potential it could be conceivable u.s. trade with asia with equal trade across the atlantic. today it is much several times greater than that we have them blessed that over the years we have seen their remarkable economic growth and development. it is our pleasure to recognize that in terms of economic freedom as it has evolved throughout asia and pacific countries and indeed throughout the region. wheel is new our good and friends in japan and that a mutual relationship, the mutual defense treaty would be central. but we also thought asia deserved fully of broader treatment in its own right so we invested in the future. as we look ahead but those in the range of foreign and strategic and economic policy issues coming today it is hard to distinguish one fro
understand each other. let me move quickly to a national a foreign house will. he believes such a firm should exist, that we should have a fund to help us maintain our affordable housing stock. >> congressman, beverly is outside the bill of my responsibility. that's not policy decision for the congress. i didn't come here to have an opinion about the trust fund. >> i'll accept your answer. >> thank you. >> the gentleman's time has expired and we appreciate the comments. and with that we turn now to the gentleman from virginia. >> thank you. thank you for your candor and your lead. after many long years the gst these are beginning to turn a profit. i guess i would like to hear from you the advantages and disadvantages of the return to profitability for you as concerned what should we -- has it led to any change in tactics to accomplish this reform and your part? there are things that perhaps who would be wise to look out for with this positive turn of events but also recognizing that we really do need fundamental reform and the taxpayers have ponied up north of $180 billion. >> it's hard to se
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